Yuga Labs Sets 5% Royalty Fee on Meebits NFT #togrp7
The Bored Ape Yacht Club and Otherside Metaverse creator, the iconic Yuga Labs, announced that it set a 5% royalty fee on all secondary sales on the Meebits NFT collection. The Meebits team announced this news via their official Twitter handle and stated that this will be rolled out immediately on secondary sales from OpenSea, LooksRare, etc. In March, Yuga Labs acquired the IP rights of Cryptopunks and Meebits NFT collection. As a part of the deal, Yuga Labs granted commercial rights to CryptoPunks and Meebits owners, same as BAYC NFT holders. #togrp7
